17-4602. Purpose. Cooperative, nonprofit, membership corporations may be organized under this act to conduct or promote any lawful business under the general corporation laws of the state and for the purpose of supplying electric energy and promoting and extending the use thereof.
History: L. 1941, ch. 185, § 2; L. 1986, ch. 92, § 1; July 1.
Attorney General's Opinions:
Application of KOMA to electric cooperatives. 85-175.
CASE ANNOTATIONS
1. In condemnation of rural electric property, the proper measure of damages is the cost of substitute facilities, less salvage value. Whitewater River Watershed v. Butler Rural Electric Coop Ass'n, Inc., 6 Kan. App. 2d 8, 13, 626 P.2d 228.